On May 7, 2024, Director Gregory Sullivan sold 5,000 shares of Carvana Co (CVNA, Financial) as reported in a recent SEC Filing. The transaction occurred at a price of $120.9 per share, totaling $604,500.
Carvana Co operates an e-commerce platform for buying and selling used cars in the United States. It is known for its automated car vending machines and offers a unique car buying experience with a focus on customer satisfaction.
Over the past year, the insider has sold a total of 5,000 shares and has not made any purchases. The broader insider transaction history for Carvana Co shows a trend with 34 insider sells and only 2 insider buys over the past year.
As of the latest sale, Carvana Co has a market cap of approximately $13.38 billion. The stock's price-earnings ratio stands at 52.97, which is above the industry median of 16.925.
The GF Value for Carvana Co is calculated at $24.91, indicating that the stock is significantly overvalued with a price-to-GF-Value ratio of 4.85.
The GF Value is derived from historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This sale by the insider might be of interest to current and potential investors, providing insight into insider confidence and valuation perspectives at Carvana Co.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
